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Comet Ridge Secures Full Mahalo Gas Project Ownership
9:05am on Monday 24th of August, 2026 AEST
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Energy
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Comet Ridge Secures Full Mahalo Gas Project Ownership
9:05am on Monday 24th of August, 2026 AEST
Key Points
Comet Ridge acquires Santos’ 42.86% stake for $24.42 million plus shares
100% ownership unlocks full control over Mahalo Gas Hub development
Contingent $30 million payments tied to cumulative gas sales milestones
Mahalo Gas Hub holds 361 PJ 2P Reserves and 676 PJ combined 2P and 2C resources
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